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Investors are reportedly trying to create a rival league to the NBA, but they're facing an uphill battle
LeBron James' business partner and longtime ally, Maverick Carter, is reportedly advising the group and its $5B venture
Investors Seek $5 Billion for Basketball League to Rival NBA
A group of investors being advised by Maverick Carter, Los Angeles Lakers star LeBron James’ business partner, is seeking to raise $5 billion from private capital sources to form an international basketball league to rival the National Basketball Association,
Investors pitch new international basketball league that would offer players equity
The investors are looking to raise $5 billion to start a basketball league that could offer players equity to potentially lure them away from the NBA.
Maverick Carter Advising Investors To Rival NBA By Forming An International Basketball League: Seeking $5 Billion
A group of investors being advised by Maverick Carter is seeking to raise $5 billion from private capital sources to form an international basketball league to rival the NBA.
The Washington Post
3d
NATIONAL BASKETBALL ASSOCIATION
It has been a winter of discontent for the
league
even after it signed 11-year, $76 billion broadcast contracts. The NBA’s annual holiday showcase features five games, and four of them are star ...
2d
on MSN
D-I men’s basketball teams won’t need NCAA waivers for preseason games
Division I men’s basketball teams will be able to play two exhibitions against any other four-year schools without needing a ...
USA TODAY Sports on MSN
9d
What is Unrivaled? Teams, players, format, schedule, TV for women's basketball league
Unrivaled, a new three-on-three league founded by WNBA stars Napheesa Collier and Breanna Stewart, is set to begin. Here's ...
Hosted on MSN
1d
Basketball doc ‘The Waiting Game' delivers difficult view of ABA/NBA merger
The documentary "The Waiting Game" explores the long-term effects of the merger between the American Basketball Association ...
22h
on MSN
Unrivaled women’s basketball league is setting a new standard for salaries before it even tips off
Unrivaled is setting a new standard for women’s basketball before one game has been played in the upstart league.
5d
on MSN
Former Duke Basketball Forward Matt Hurt Thrives Overseas
Matt Hurt has played all 22 games for the South East Melbourne Phoenix in his first season outside of the United States. The ...
6d
on MSN
TN’s cager Ulhas finding his feet in Serbian basketball league
Ulhas, the first-ever Indian to play in the top-flight Serbian league, talks about adapting to the team-centric game style, ...
6d
Today in Sports - Basketball superstar Michael Jordan announces his second retirement from the NBA
Today in Sports, January 13 - Basketball superstar Michael Jordan announces his second retirement from the NBA ...
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